Managing in a Global Business Environment Exam questions with Verified Solutions Fully Solved
4 views 0 purchase
Course
Managing in a Global Business Environment
Institution
Managing In A Global Business Environment
Managing in a Global Business Environment Exam questions with Verified Solutions Fully Solved
Which type of globalization is represented by Sure Start expanding into South America, Europe, and Asia? - Answers Economic
Sure Start is starting a new division for rechargeable batteries in different ...
Managing in a Global Business Environment Exam questions with Verified Solutions Fully Solved
Which type of globalization is represented by Sure Start expanding into South America, Europe, and
Asia? - Answers Economic
Sure Start is starting a new division for rechargeable batteries in different parts of the world.
What was the globalization driver of this decision? - Answers Competition
Which antiglobalization argument could lead to Sure Start continuing to maintain its current factories
instead of moving them to Asia? - Answers Factory workers fear their jobs will be moved to another
country
Which action should the U.S. government take to encourage Sure Start to keep electric battery
production in the country? - Answers Impose tariffs on batteries made in Vietnam
Which economic system facilitates the global expansion of Sure Start? - Answers Market
Which legal system will Sure Start be following when they begin operating in Germany? - Answers Civil
Law
Which aspect of the International Monetary Fund (IMF) will assist the newly elected leader in paying the
deficit, if agreed upon by both countries? - Answers The IMF loans money to member countries to solve
trade deficit issues.
Which critical distinction should Country A make when choosing between the World Bank and the
International Monetary Fund (IMF) to improve the country's highways? - Answers The World Bank
focuses on development projects.
Which benefit to the newly-elected leader in Country A stems from using the World Bank to meet a
campaign promise? - Answers Obtaining the funds needed to improve the country's infrastructure
Why should the newly-elected leader of Country A be careful when working with the World Bank? -
Answers Because of the voting power highly-developed countries have on World Bank policies
Why should the newly-elected leader of Country A use the World Trade Organization (WTO) to form
favorable trade agreements? - Answers To receive help building international exchange capacity
Which action illustrates how Sure Start is capitalizing on the comparative advantage of a country? -
Answers Moving production of the batteries used in electric cars to Vietnam where labor is less
expensive
Which action of Sure Start represents the application of the global strategic rivalry theory? - Answers
Launching a new research division to focus on a rechargeable battery for use in electric cars
Which benefit will Sure Start gain from opening the factory in Vietnam? - Answers They will achieve
economies of scale in the production of rechargeable batteries.
, What will be the effect of the German trade policy on Sure Start's rechargeable batteries in its first year?
- Answers If the German automakers meet the domestic content requirement, there will be little impact.
The German Transportation Agency (GTA) halts imports of rechargeable batteries from Sure Start.
Why would the GTA do this? - Answers To respond to a product safety issue
What is one option for the Chinese company to make a foreign direct investment (FDI)? - Answers
Create a joint venture with a furniture company in Indonesia
What is a benefit for making a foreign direct investment (FDI)? - Answers The country chosen by the
Chinese company will increase jobs for local people.
Which advantage will the company gain over other Chinese furniture companies if it becomes a
multinational business through foreign direct investment? - Answers It will be able to avoid the tariffs
that host countries have placed on furniture imports
Which stage of regional economic integration is represented by the North American Free Trade
Agreement (NAFTA) that benefits the U.S. furniture company's production of covers in Mexico? -
Answers Free Trade Area
What is a drawback of the U.S. furniture company having its cut and sew operation in Mexico? - Answers
The U.S. company may forgo trade with another company producing covers for less because they are
not part of NAFTA.
Which economic benefit will result in the company's decision to move operations to the U.S. or Mexico?
- Answers Eliminating tariffs and duties
How will the Chinese company recognize that it is more profitable to operate business in the United
States from a foreign currency exchange perspective? - Answers The dollar is stronger than Chinese
currency.
Why does the European Union (EU) have a concern about the acquisitions of the Garbus company? -
Answers Garbus will be able to unfairly raise prices.
Why is the EPA assisting Garbus with ensuring its waste is disposed of properly? - Answers The EPA's
mission is to help businesses in stopping environmental deterioration.
Which convention addresses the issue regarding the company that Garbus would like to acquire but is
under investigation for operating a sweatshop? - Answers Worst Forms of Child Labor
Why does Garbus want to include a choice of law clause in the contract? - Answers It specifies which law
applies to any disputes that could arise under the contract.
Which type of law is applicable if Garbus contracted with another company to handle the disposal of its
waste from its production plant and the waste accidentally leaked into a local water source? - Answers
Envronmental
The benefits of buying summaries with Stuvia:
Guaranteed quality through customer reviews
Stuvia customers have reviewed more than 700,000 summaries. This how you know that you are buying the best documents.
Quick and easy check-out
You can quickly pay through credit card or Stuvia-credit for the summaries. There is no membership needed.
Focus on what matters
Your fellow students write the study notes themselves, which is why the documents are always reliable and up-to-date. This ensures you quickly get to the core!
Frequently asked questions
What do I get when I buy this document?
You get a PDF, available immediately after your purchase. The purchased document is accessible anytime, anywhere and indefinitely through your profile.
Satisfaction guarantee: how does it work?
Our satisfaction guarantee ensures that you always find a study document that suits you well. You fill out a form, and our customer service team takes care of the rest.
Who am I buying these notes from?
Stuvia is a marketplace, so you are not buying this document from us, but from seller TutorJosh. Stuvia facilitates payment to the seller.
Will I be stuck with a subscription?
No, you only buy these notes for $7.99. You're not tied to anything after your purchase.
